Government data released on Thursday showed that new-home construction, or housing starts, fell 5.5 percent last month to an annualized rate of 1.28 million, a sign of more cracks in the already ...

New construction home completions were at a seasonally adjusted annualized rate of 1.574 million, which is 8.7% above November and 13.2% above the completions a year ago.

Construction overshot demand, forcing rents to flatten and landlords to offer concessions to woo new tenants. California’s rental vacancy rate hit 5.2% in 2024’s second quarter, by Census ...

New US residential construction declined in May to the slowest pace since the onset of the pandemic as an elevated inventory ...

Last month was the hottest month for new home construction since May, coming in some 14.8% above October’s 1.36 million housing starts.

California apartment permits dip to 12-year low but new home construction rises Single-family permits up 13% compared to 2023's second half, multifamily down 27%. Share this: Click to share on ...